 |
WTI Crude •4 hours | 41.22 | -0.73 | -1.74% |
|
Brent Crude •3 hours | 44.40 | -0.69 | -1.53% |
 |
Natural Gas •4 hours | 2.238 | +0.073 | +3.37% |
|
Mars US •3 hours | 42.32 | -0.73 | -1.70% |
|
Opec Basket •2 days | 45.17 | -0.17 | -0.37% |
|
Urals •2 days | 44.45 | +0.70 | +1.60% |
|
Louisiana Light •2 days | 43.63 | -0.27 | -0.62% |
|
Marine •2 days | 43.57 | -0.20 | -0.46% |
|
Murban •2 days | 44.05 | -0.11 | -0.25% |
|
Iran Heavy •2 days | 44.61 | -0.63 | -1.39% |
|
Basra Light •2 days | 45.72 | -0.39 | -0.85% |
|
Saharan Blend •2 days | 45.04 | -0.63 | -1.38% |
|
Bonny Light •2 days | 44.82 | -0.93 | -2.03% |
|
Canadian Crude Index •3 hours | 27.44 | -0.82 | -2.90% |
|
Western Canadian Select •19 hours | 30.00 | -0.24 | -0.79% |
|
Canadian Condensate •19 hours | 40.95 | -0.24 | -0.58% |
|
Premium Synthetic •19 hours | 42.35 | -0.24 | -0.56% |
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Sweet Crude •19 hours | 38.60 | -0.24 | -0.62% |
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Peace Sour •19 hours | 37.45 | -0.24 | -0.64% |
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Louisiana Light •2 days | 43.63 | -0.27 | -0.62% |
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Domestic Swt. @ Cushing •2 days | 38.25 | -0.25 | -0.65% |
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Giddings •2 days | 32.00 | -0.25 | -0.78% |
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ANS West Coast •3 days | 43.49 | +0.75 | +1.75% |
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West Texas Sour •2 days | 35.90 | -0.24 | -0.66% |
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Eagle Ford •2 days | 39.85 | -0.24 | -0.60% |
Breaking News:
Perfect Timing? China Announces Hydropower Megaprojects In Pakistan
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Is Turkey Drilling For Oil & Gas In The Wrong Sea?
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Geopolitics / Europe
Cash Strapped Greek Government Hopes for Rising Oil Output
The dire state of the Greek economy is well known to its European Union partners. Further hammering the economy are Greece’s massive oil imports. According to the U.S. government’s Energy…
Oil and Human Rights Don't Mix for Kazakhstan
The British government got an earful from Kazakhstan this week despite Prime Minister David Cameron's economic outreach. The prime minister arrived Sunday in Kazakhstan to help launch one of the…
Turkey’s Erdogan: Is the Damage Fatal?
Let’s watch Turkey’s ruling party elite hedge their bets over Prime Minister Recep Erdogan’s longevity, as protests continue into their second week. The ruling Justice and Development Party…
TURKEY: Erdogan Fails to Regain Control
Bottom Line: If Prime Minister Erdogan continues to mismanage a crisis in the form of 7 days running of mass anti-government protests, the highly influential Gulen Movement will surface to…
GREECE: How Gazprom Will Get Control of Greece’s Pipeline Potential
Bottom Line: As Greece sells off its state-owned natural gas company (DEPA/DEFSA) under insolvency pressure, a minor Russian holding steps in as a proxy for Russian giant Gazprom. Whoever gains…
Wake-Up Call for Turkey’s AKP
Five days of protests in Turkey highlight the government’s horrific crisis mismanagement and serves as a wake-up call for the ruling party that was caught off guard, basking in its…
Turkey: Game-Changing Oil & Gas Legislation Afoot
We’ve noted recently that Turkey is a hot venue for both the majors and the juniors, but that there still hasn’t been that one big find to put the country…
POLAND: Shale Tax Policy Delay, Little Appeasement for Investors
Bottom Line: Shale gas explorers in Poland get a bit of a boost (but not enough) as the government prepares to postpone shale gas production tax collection for five years…
Politics Beats Benefits as Europe Favours Nabucco Over South Stream
Despite possessing better financing and greater energy benefits compared to its competitors (namely the Nabucco pipeline), the proposed South Stream pipeline has faced considerable opposition in Europe – by countries…
EU: Tighter Regulations for Explorers
Bottom Line: The EU’s new offshore oil and gas exploration legislation is designed to prevent another Gulf of Mexico incident and will force explorers to submit special hazard reports and…
KURDISTAN: Understanding the Power Brokers
Bottom Line: Kurdistan is a good place to be right now for E&P companies, but navigating the playing field of power brokers and gatekeepers is a challenging necessity if you…
Get Ready for More Energy Unrest in Bulgaria
Protests over high energy prices brought down the Bulgarian government in February, and elections last week have brought back essentially the same government so we can expect continued protests and…
POLAND: Gazprom Foments Political Crisis
Bottom Line: The Polish government claims that EuroPolGaz negotiated a controversial MOU with Russian Gazprom in early April without its knowledge, and now it’s all about damage control over a…
BULGARIA-RUSSIA: Bulgarian Govt Collapse Prompts Lash-Out at Russia
Bottom Line: Bulgaria’s scrapping of a Russian pipeline deal to carry Russian and Caspian oil to Greece is a response to the government’s collapse in February over energy prices that…
RUSSIA-ISRAEL: New Oil & Gas Geopolitics in the Mediterranean
Bottom Line: Russia’s announcement this week that a Gazprom subsidiary had signed a deal for Israel’s offshore Tamar gas field will exponentially strengthen Gazprom’s prowess in the massive Asian LNG…
Is Cameron About to Kill the EU
Incident: British Prime Minister David Cameron is dangling a big choice before the country’s voters should his party win the next election: whether or not to quit the European Union. …
Albania – Dubious Deals
Incident: The sale of Albpetrol to ostensibly US-based Vetro Energy in September has been stalled after Vetro failed to make the deposit to back the guarantee. Vetro Energy…
Europe Has Had Enough, But Can It Stand Up to Gazprom?
Gazprom has Europe’s natural gas market in a stranglehold and Europe is attempting to fight back, first with a raid last year on the Russian giant’s offices and then with…
Europe’s Ongoing Ambivalence Towards Turkish EU Membership
Amidst the European Union’s many problems, from the tanking of the economies of a number of its poorer member states to trying to prop up the euro, an issue from…
EU Unveils its Energy Strategy for the Next 10 Years
BRUSSELS -- The European Union's energy commissioner has unveiled the main outlines of a proposed joint EU energy strategy for the next 10 years. Presenting his "Energy 2020" strategy paper…
